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Admiral cites soft market as it posts 18% profit drop

Milena Mondini
Photo: Admiral

Admiral has reported an 18% decrease in group profit before tax for HY26, with the insurer pointing to a 'more challenging market' and motor pricing changes.

Admiral reported a group profit before tax of £429.2m, down 18% on the £521m posted in the same period last year

Speaking to Insurance Post, Admiral group CEO Milena Mondini de Focatiis, pictured, laid

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